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Home Daily Digests RFK Jr Clashes with Bernie Sanders; Gold Moving from London to New York

RFK Jr Clashes with Bernie Sanders; Gold Moving from London to New York

House Democrats mobilize against Trump policies, Kennedy disputes Sanders’ pharma ties, Zizians linked to border agent’s murder, gold shortage hits London, Canada braces for tariffs, and FAA faces scrutiny after collision.

The User's Profile Ivor January 31, 2025
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DISCLAIMER: The following content does not reflect the opinions of Peak Prosperity, but is rather a summarization of content that has caught the interest of members of the community.

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US Politics

During his second round of confirmation hearings, Robert F. Kennedy Jr. engaged in a dispute with Senator Bernie Sanders over alleged pharmaceutical contributions. Kennedy accused Sanders of accepting significant funds from the pharmaceutical industry, a claim Sanders initially denied by emphasizing his reliance on contributions from workers rather than corporate PACs. He then admitted to receiving $1.5mm. This exchange highlights ongoing concerns about the influence of pharmaceutical companies on U.S. politics, a theme Kennedy has consistently addressed, particularly regarding vaccine safety and regulatory oversight.

Relatedly, the New York Times has run an article claiming Kennedy misrepresented his views on the polio vaccine. Kennedy, who says he supports vaccination, has raised concerns about the influence of pharmaceutical companies on regulatory agencies like the FDA and CDC. The article’s alleged inaccuracies have drawn criticism, reflecting broader media trends in portraying Kennedy’s positions despite considerable evidence to the contrary. This situation underscores the ongoing debate over vaccine safety and the role of media in shaping public perceptions.

Meanwhile, in response to the Trump Administration’s recent policy changes, House Democrats are reportedly mobilizing to address what they perceive as a constitutional challenge. The administration’s decision to rescind the freeze on federal programs has led House Minority Leader Hakeem Jeffries and other Democrats to advocate for a multi-faceted approach, including legal, legislative, and public demonstrations. This initiative reflects the Democrats’ efforts to oppose the Republican majority in Congress as they seek to gather public support against the administration’s agenda. While some conservative sources criticize this approach as undermining the democratic process, Democrats emphasize the importance of legal and legislative actions, with public engagement being a key component of their strategy.

Geopolitics

The murder of U.S. Border Patrol agent David Maland in Vermont has been linked to a group known as the “Zizians.” The incident involved suspects Felix Bauckholt and Teresa Youngblut, who were reportedly connected to the group led by Jack LaSota, alias “Ziz.” The investigation has expanded to include other members of the Ziz network, with authorities uncovering weapons and tactical gear linked to the group. This case highlights the challenges faced by law enforcement in addressing domestic extremist groups. Some community voices argue that the portrayal of the group may overlook broader socio-political contexts, while law enforcement emphasizes the premeditated nature of the attack.

Economy

A shortage of bullion in London vaults has recently been reported, with the wait time for withdrawing gold from the Bank of England’s vaults increasing from a few days to between four and eight weeks. This has been attributed to high demand outpacing supply, with substantial shipments of gold being moved to New York, resulting in reduced liquidity in the London market. The Financial Times noted that these shifts may be driven by price arbitrage between the gold futures markets in New York and London, where the prices in New York have been higher than in London. This situation has led to physical gold being redirected to the US, particularly into vaults located in New York.

In addition to the movements of gold to New York, the Financial Times referenced concerns about potential US tariffs on gold as a contributing factor, although many industry experts have stated that these tariffs are unlikely to have a significant impact. A key driver of the current market dynamics is the growing demand for gold as a safe-haven asset, partly due to geopolitical factors and economic uncertainty. Much of the gold being moved to the US is eventually redirected to other markets, particularly China, via Switzerland, where it is refined and distributed. This trend, along with increased central bank purchases, has reportedly contributed to a rise in gold prices.

Canadian Politics

Canada is preparing for potential economic repercussions as President Trump considers imposing a 25% tariff on Canadian imports. While oil might be exempt, the uncertainty surrounding the tariffs has prompted Canadian officials to prepare for various outcomes, including possible retaliatory measures. The Canadian Chamber of Commerce has criticized the proposed tariffs, warning of increased costs for consumers and businesses. The situation underscores the complexities of U.S.-Canada trade relations and the potential impact on both economies. Diplomatic efforts are underway, with Canadian officials in Washington negotiating to mitigate the impact of the tariffs, focusing on areas of cooperation such as border security.

Mid-Air Collision

The midair collision near Reagan National Airport has raised questions about FAA oversight and military training protocols. The incident, involving an American Airlines flight and a US Army Blackhawk helicopter, resulted in a crash into the Potomac River. Preliminary reports indicate that understaffing in the air traffic control tower may have contributed to the disaster. The incident has prompted scrutiny of air traffic control practices and the integration of military training in civilian airspace, highlighting the need for improved safety measures and oversight. The NTSB has launched a comprehensive investigation, focusing on air traffic control procedures and the use of technology in military aircraft, with findings expected to take several months.

Sources

Democrats Urged to “Take Fight to the Streets” Against Trump Administration’s Policy Reversals

Leader Jeffries described it as a legal fight, a legislative fight and a street fight. And I couldn’t put it better.

Source | Submitted by bcoop

RFK Jr. Confronts Bernie Sanders Over Alleged Pharmaceutical Contributions: Sparks Fly in Heated Exchange

Pharmaceutical companies own our politicians.

Source | Submitted by Chris Martenson

NYT’s Misleading Headlines: RFK Jr. and the Polio Vaccine Controversy

Kennedy has long insisted publicly that he is ‘all for the polio vaccine.’

Source | Submitted by AaronMcKeon

Gold Rush in Manhattan: Unprecedented Bullion Shortage Hits London Vaults

People can’t get their hands on gold because so much has been shipped to New York, and the rest is stuck in the queue,

Source | Submitted by AaronMcKeon

Trump’s Tariff Tango: Canada Braces for Potential 25% Import Duties, Oil Exemption Uncertain

Trump says Canada tariffs coming Saturday, ‘may not’ include oil

Source | Submitted by Barry Silverthorn

Radical Group Tied to Border Patrol Agent’s Murder in Vermont: Unraveling the Ziz Network

Authorities now say that the weapons used in the attack were linked to a larger investigation involving a shadowy extremist group known as the ‘Zizians.’

Source | Submitted by Mysterymet

Midair Collision Near Reagan National Sparks Questions Over FAA Oversight and Military Training Protocols

An American Airlines flight 5342 collided midair with the US Army Blackhawk helicopter that was doing a training mission.

Source

In addition to sources submitted by community members, the following were also used in the creation of this report: The Hill, The Washington Post, Fox News, The Intercept, Financial Times, Bloomberg, Reuters, Global News, Seattle Times, Der Spiegel, FBI, Vermont Voices, and National Transportation Safety Board (NTSB).

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